Amazon is contemplating growing its funding in OpenAI rival Anthropic.
According to The Data, Amazon is in talks to speculate a number of billions in Anthropic, its first monetary pledge within the firm since a $4 billion deal struck final 12 months. The brand new funding is structured much like the final one — however with a twist. Amazon needs Anthropic to make use of Amazon-developed silicon hosted on Amazon Net Providers to coach its AI.
Anthropic prefers Nvidia chips. However the cash could also be too good to cross up. Across the begin of the 12 months, Anthropic reportedly projected it could burn via over $2.7 billion in 2024 because it educated and scaled up its AI merchandise. Anthropic has for a number of months been discussing new funding at a $40 billion valuation, per The Data, and little question the strain is on to clinch one thing quickly.
Thus far, Anthropic has raised $9.7 billion — near half of OpenAI’s $21.9 billion haul.
(Above, Anthropic CEO Dario Amodei.)
